Ann: Supplementary Prospectus , page-7

Humility is my strong point Lexicon. I'll take that cue as the "smart one".

200mt Jorc would in my opinion deliver a $100 - 150m mkt cap, give or take, depending upon A). the quality of the coal b). the balance sheet strength of the company and c). global markets.

Based upon the new cap structure that would be something like $2.00 or 10cps in current terms.

Time to get involved at 50cps - Just sorry us shareholders had to get beaten up so bad on the way through.

My opinion (for those who care) average down at as close to 50cps as possible and take the turn when it works back to $1.00 (which it will in my view). Then use that volume to say good riddance to a company whose management clearly knows how to find coal, but seems to struggle with the corporate skill required to max value within the junior mining space.

Best

Pete.